MBWM Insider Trading

Insider Ownership Percentage: 3.08%
Insider Buying (Last 12 Months): $8,659.50
Insider Selling (Last 12 Months): $137,160.00

Mercantile Bank Insider Trading History Chart

This chart shows the insider buying and selling history at Mercantile Bank by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Mercantile Bank Share Price & Price History

Current Price: $35.77
Price Change: Price Decrease of -0.33 (-0.91%)
As of 06/17/2024 01:05 PM ET

This chart shows the closing price history over time for MBWM up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

Mercantile Bank Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/6/2024Nelson F SanchezDirectorBuy135$37.10$5,008.50620View SEC Filing Icon  
3/11/2024Nelson F SanchezDirectorBuy100$36.51$3,651.001,265View SEC Filing Icon  
7/26/2023Michael H PriceDirectorSell4,000$34.29$137,160.0030,080View SEC Filing Icon  
4/21/2023David B RamakerDirectorBuy3,000$28.98$86,940.0010,394View SEC Filing Icon  
1/20/2023David B RamakerDirectorBuy1,500$33.33$49,995.007,394View SEC Filing Icon  
8/18/2022David B RamakerDirectorBuy3,000$36.58$109,740.005,894View SEC Filing Icon  
1/26/2022Lonna WiersmaDirectorSell2,000$39.60$79,200.00View SEC Filing Icon  
1/24/2022Lonna WiersmaDirectorSell2,214$38.42$85,061.88View SEC Filing Icon  
1/21/2022Robert T. WorthingtonSVPSell3,000$38.11$114,330.00View SEC Filing Icon  
11/5/2021Lonna WiersmaDirectorSell2,500$36.88$92,200.00View SEC Filing Icon  
See Full Table

SEC Filings (Institutional Ownership Changes) for Mercantile Bank (NASDAQ:MBWM)

58.63% of Mercantile Bank stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at MBWM by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Mercantile Bank Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
5/20/2024EMC Capital Management1,877$72K0.0%N/A0.012%Search for SEC Filing on Google Icon
5/17/2024Comerica Bank6,294$0.24M0.0%+215.2%0.039%Search for SEC Filing on Google Icon
5/16/2024California State Teachers Retirement System15,989$0.62M0.0%-5.0%0.099%Search for SEC Filing on Google Icon
5/14/2024Stieven Capital Advisors L.P.96,196$3.70M0.8%-49.1%0.597%Search for SEC Filing on Google Icon
5/14/2024Pitcairn Co.6,193$0.24M0.0%-5.2%0.038%Search for SEC Filing on Google Icon
5/13/2024Shakespeare Wealth Management LLC16,824$0.65M0.2%-14.9%0.104%Search for SEC Filing on Google Icon
5/11/2024Hillsdale Investment Management Inc.79,046$3.04M0.2%+8.5%0.490%Search for SEC Filing on Google Icon
5/10/2024Acadian Asset Management LLC4,158$0.16M0.0%-94.1%0.026%Search for SEC Filing on Google Icon
5/10/2024Vanguard Group Inc.805,334$31M0.0%+2.8%4.996%Search for SEC Filing on Google Icon
5/8/2024Russell Investments Group Ltd.19,485$0.75M0.0%+49.7%0.121%Search for SEC Filing on Google Icon
5/8/2024Inspire Investing LLC9,355$0.36M0.0%N/A0.058%Search for SEC Filing on Google Icon
5/7/2024Empowered Funds LLC46,537$1.79M0.0%+8.1%0.289%Search for SEC Filing on Google Icon
5/6/2024LSV Asset Management225,404$8.68M0.0%+6.0%1.398%Search for SEC Filing on Google Icon
5/1/2024Janney Montgomery Scott LLC11,751$0.45M0.0%N/A0.073%Search for SEC Filing on Google Icon
5/1/2024BNP Paribas Financial Markets8,445$0.33M0.0%+95.6%0.052%Search for SEC Filing on Google Icon
4/30/2024Allspring Global Investments Holdings LLC4,660$0.18M0.0%+9.2%0.029%Search for SEC Filing on Google Icon
4/29/2024Principal Financial Group Inc.7,687$0.30M0.0%N/A0.048%Search for SEC Filing on Google Icon
4/24/2024Assenagon Asset Management S.A.69,641$2.68M0.0%-1.6%0.432%Search for SEC Filing on Google Icon
4/23/2024LaFleur & Godfrey LLC35,858$1.38M0.2%-3.5%0.222%Search for SEC Filing on Google Icon
4/23/2024Fifth Third Bancorp1,449$56K0.0%-32.4%0.009%Search for SEC Filing on Google Icon
4/19/2024Denali Advisors LLC17,000$0.65M0.2%+126.7%0.105%Search for SEC Filing on Google Icon
4/18/2024Allspring Global Investments Holdings LLC4,660$0.18M0.0%+9.2%0.029%Search for SEC Filing on Google Icon
4/18/2024Tributary Capital Management LLC247,727$9.54M0.8%-20.9%1.537%Search for SEC Filing on Google Icon
4/17/2024Hennion & Walsh Asset Management Inc.10,653$0.41M0.0%+16.7%0.066%Search for SEC Filing on Google Icon
3/22/2024PNC Financial Services Group Inc.6,438$0.26M0.0%-11.2%0.040%Search for SEC Filing on Google Icon
2/20/2024Voisard Asset Management Group Inc.944$38K0.0%N/A0.006%Search for SEC Filing on Google Icon
2/13/2024Banc Funds Co. LLC471,558$19.04M1.9%-4.4%2.944%Search for SEC Filing on Google Icon
2/13/2024First National Bank of Omaha12,302$0.50M0.0%-3.7%0.077%Search for SEC Filing on Google Icon
2/13/2024Tower Research Capital LLC TRC1,772$72K0.0%+104.1%0.011%Search for SEC Filing on Google Icon
2/9/2024Hillsdale Investment Management Inc.72,846$2.94M0.2%-4.8%0.455%Search for SEC Filing on Google Icon
2/9/2024PNC Financial Services Group Inc.6,438$0.26M0.0%-11.2%0.040%Search for SEC Filing on Google Icon
2/7/2024Dimensional Fund Advisors LP1,151,731$46.51M0.0%+0.0%7.187%Search for SEC Filing on Google Icon
2/7/2024Teacher Retirement System of Texas8,784$0.36M0.0%-29.7%0.055%Search for SEC Filing on Google Icon
2/6/2024Charles Schwab Investment Management Inc.199,041$8.04M0.0%+1.7%1.242%Search for SEC Filing on Google Icon
2/6/2024Swiss National Bank31,600$1.28M0.0%-10.2%0.197%Search for SEC Filing on Google Icon
2/6/2024New York Life Investment Management LLC11,292$0.46M0.0%-3.0%0.070%Search for SEC Filing on Google Icon
2/5/2024Victory Capital Management Inc.18,300$0.74M0.0%-26.8%0.114%Search for SEC Filing on Google Icon
2/2/2024Truist Financial Corp5,430$0.22M0.0%N/A0.034%Search for SEC Filing on Google Icon
2/1/2024Wedge Capital Management L L P NC12,916$0.52M0.0%+13.9%0.081%Search for SEC Filing on Google Icon
2/1/2024North Star Asset Management Inc.362,309$14.63M0.7%+0.5%2.262%Search for SEC Filing on Google Icon
1/30/2024Strs Ohio13,200$0.53M0.0%-5.7%0.082%Search for SEC Filing on Google Icon
1/25/2024Allspring Global Investments Holdings LLC4,268$0.17M0.0%+214.5%0.027%Search for SEC Filing on Google Icon
1/25/2024Nisa Investment Advisors LLC2,375$96K0.0%-22.8%0.015%Search for SEC Filing on Google Icon
1/23/2024Trust Point Inc.9,298$0.38M0.0%N/A0.058%Search for SEC Filing on Google Icon
1/22/2024Strategies Wealth Advisors LLC25,649$1.04M0.2%+12.6%0.160%Search for SEC Filing on Google Icon
1/19/2024Denali Advisors LLC7,500$0.30M0.1%+29.3%0.047%Search for SEC Filing on Google Icon
1/18/2024Well Done LLC6,050$0.24M0.0%N/A0.038%Search for SEC Filing on Google Icon
1/18/2024LaFleur & Godfrey LLC37,177$1.50M0.2%-1.3%0.232%Search for SEC Filing on Google Icon
1/17/2024jvl associates llc62,015$2.50M1.1%-4.2%0.387%Search for SEC Filing on Google Icon
1/17/2024Assenagon Asset Management S.A.70,793$2.86M0.0%+95.4%0.442%Search for SEC Filing on Google Icon
1/16/2024Tributary Capital Management LLC313,311$12.65M1.1%-1.8%1.956%Search for SEC Filing on Google Icon
12/19/2023Public Employees Retirement System of Ohio3,953$0.12M0.0%+29.0%0.025%Search for SEC Filing on Google Icon
12/18/2023Vanguard Group Inc.799,865$24.72M0.0%+1.7%4.993%Search for SEC Filing on Google Icon
12/6/2023Citigroup Inc.2,328$72K0.0%-74.6%0.015%Search for SEC Filing on Google Icon
11/30/2023American Century Companies Inc.165,138$5.10M0.0%+15.0%1.031%Search for SEC Filing on Google Icon
11/15/2023Kennedy Capital Management LLC17,889$0.55M0.0%+10.4%0.112%Search for SEC Filing on Google Icon
11/13/2023Regal Investment Advisors LLC13,500$0.42M0.0%-21.7%0.084%Search for SEC Filing on Google Icon
11/13/2023Brandywine Global Investment Management LLC48,586$1.50M0.0%+15.9%0.303%Search for SEC Filing on Google Icon
11/13/2023Acadian Asset Management LLC70,199$2.17M0.0%-15.0%0.438%Search for SEC Filing on Google Icon
11/13/2023Hsbc Holdings PLC9,059$0.28M0.0%+3.9%0.057%Search for SEC Filing on Google Icon
11/13/2023ClariVest Asset Management LLC22,769$0.70M0.0%N/A0.142%Search for SEC Filing on Google Icon
11/13/2023PNC Financial Services Group Inc.7,254$0.22M0.0%-6.8%0.045%Search for SEC Filing on Google Icon
11/13/2023DekaBank Deutsche Girozentrale5,407$0.17M0.0%N/A0.034%Search for SEC Filing on Google Icon
11/8/2023Huntington National Bank3,997$0.12M0.0%+55.2%0.025%Search for SEC Filing on Google Icon
11/8/2023Charles Schwab Investment Management Inc.195,809$6.05M0.0%+2.2%1.222%Search for SEC Filing on Google Icon
11/8/2023Swiss National Bank35,200$1.09M0.0%+6.3%0.220%Search for SEC Filing on Google Icon
11/8/2023New York Life Investment Management LLC11,643$0.36M0.0%-13.6%0.073%Search for SEC Filing on Google Icon
11/7/2023Barclays PLC16,259$0.50M0.0%-5.7%0.101%Search for SEC Filing on Google Icon
11/6/2023Assenagon Asset Management S.A.36,226$1.12M0.0%+38.3%0.226%Search for SEC Filing on Google Icon
11/6/2023Victory Capital Management Inc.25,000$0.77M0.0%-20.2%0.156%Search for SEC Filing on Google Icon
10/31/2023Teacher Retirement System of Texas12,499$0.39M0.0%-4.9%0.078%Search for SEC Filing on Google Icon
10/27/2023Hennion & Walsh Asset Management Inc.16,628$0.51M0.0%-6.3%0.104%Search for SEC Filing on Google Icon
10/27/2023Allspring Global Investments Holdings LLC1,357$42K0.0%-90.6%0.008%Search for SEC Filing on Google Icon
10/26/2023North Star Asset Management Inc.360,632$11.15M0.6%+0.7%2.251%Search for SEC Filing on Google Icon
10/26/2023Inspire Investing LLC20,160$0.62M0.1%N/A0.126%Search for SEC Filing on Google Icon
10/26/2023Advisor Partners II LLC6,666$0.21M0.0%N/A0.042%Search for SEC Filing on Google Icon
10/26/2023Strs Ohio14,000$0.43M0.0%-30.7%0.087%Search for SEC Filing on Google Icon
10/24/2023Bailard Inc.11,233$0.35M0.0%N/A0.070%Search for SEC Filing on Google Icon
10/24/2023Bank of New York Mellon Corp125,120$3.87M0.0%+3.0%0.781%Search for SEC Filing on Google Icon
10/20/2023Denali Advisors LLC5,800$0.18M0.1%N/A0.036%Search for SEC Filing on Google Icon
10/13/2023SG Americas Securities LLC7,843$0.24M0.0%N/A0.049%Search for SEC Filing on Google Icon
10/13/2023Wedge Capital Management L L P NC11,338$0.35M0.0%N/A0.071%Search for SEC Filing on Google Icon
10/11/2023Tributary Capital Management LLC318,911$9.86M0.9%+1.4%1.991%Search for SEC Filing on Google Icon
10/11/2023Dynamic Advisor Solutions LLC7,000$0.22M0.0%N/A0.044%Search for SEC Filing on Google Icon
8/11/2023Hotchkis & Wiley Capital Management LLC139,680$3.86M0.0%+8.7%0.872%Search for SEC Filing on Google Icon
8/11/2023Brandywine Global Investment Management LLC41,918$1.16M0.0%+7.1%0.262%Search for SEC Filing on Google Icon
8/11/2023Huntington National Bank2,575$71K0.0%+257,400.0%0.016%Search for SEC Filing on Google Icon
8/10/2023US Bancorp DE5,383$0.15M0.0%-13.6%0.034%Search for SEC Filing on Google Icon
8/9/2023Dimensional Fund Advisors LP1,163,193$32.13M0.0%-2.5%7.261%Search for SEC Filing on Google Icon
8/7/2023Acadian Asset Management LLC82,595$2.28M0.0%-17.8%0.516%Search for SEC Filing on Google Icon
8/7/2023New York Life Investment Management LLC13,477$0.37M0.0%-12.9%0.084%Search for SEC Filing on Google Icon
8/3/2023John W. Rosenthal Capital Management Inc.45,000$1.24M1.6%-10.0%0.281%Search for SEC Filing on Google Icon
8/3/2023CWM LLC940$26K0.0%+55.1%0.006%Search for SEC Filing on Google Icon
8/3/2023Bank of New York Mellon Corp121,510$3.36M0.0%-0.8%0.759%Search for SEC Filing on Google Icon
8/2/2023Bank of Montreal Can20,233$0.61M0.0%N/A0.126%Search for SEC Filing on Google Icon
8/2/2023LSV Asset Management212,678$5.87M0.0%+0.6%1.329%Search for SEC Filing on Google Icon
7/31/2023Strs Ohio20,200$0.56M0.0%+8.6%0.126%Search for SEC Filing on Google Icon
7/27/2023Victory Capital Management Inc.31,342$0.87M0.0%-6.4%0.196%Search for SEC Filing on Google Icon
7/27/2023Seizert Capital Partners LLC8,985$0.25M0.0%-6.5%0.056%Search for SEC Filing on Google Icon
7/27/2023EA Series Trust36,037$1M0.0%N/A0.225%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Mercantile Bank logo
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Read More on Mercantile Bank

Today's Range

Now: $35.77
Low: $35.67
High: $36.10

50 Day Range

MA: $37.41
Low: $33.62
High: $39.96

52 Week Range

Now: $35.77
Low: $26.95
High: $42.82

Volume

8,643 shs

Average Volume

68,707 shs

Market Capitalization

$576.65 million

P/E Ratio

6.93

Dividend Yield

3.79%

Beta

0.97

Who are the company insiders with the largest holdings of Mercantile Bank?

Mercantile Bank's top insider investors include:
  1. Michael H Price (Director)
  2. David B Ramaker (Director)
  3. Nelson F Sanchez (Director)
Learn More about top insider investors at Mercantile Bank.

Who are the major institutional investors of Mercantile Bank?

Mercantile Bank's top institutional shareholders include:
  1. Vanguard Group Inc. — 5.00%
  2. Tributary Capital Management LLC — 1.54%
  3. LSV Asset Management — 1.40%
  4. Stieven Capital Advisors L.P. — 0.60%
  5. Hillsdale Investment Management Inc. — 0.49%
  6. Assenagon Asset Management S.A. — 0.43%
Learn More about top institutional investors of Mercantile Bank stock.

Which major investors are selling Mercantile Bank stock?

During the last quarter, MBWM stock was sold by these institutional investors:
  1. Stieven Capital Advisors L.P.
  2. Acadian Asset Management LLC
  3. Tributary Capital Management LLC
  4. Shakespeare Wealth Management LLC
  5. LaFleur & Godfrey LLC
  6. Assenagon Asset Management S.A.
  7. California State Teachers Retirement System
  8. Fifth Third Bancorp

Which major investors are buying Mercantile Bank stock?

In the last quarter, MBWM stock was bought by institutional investors including:
  1. Vanguard Group Inc.
  2. LSV Asset Management
  3. Janney Montgomery Scott LLC
  4. Denali Advisors LLC
  5. Inspire Investing LLC
  6. Principal Financial Group Inc.
  7. Russell Investments Group Ltd.
  8. Hillsdale Investment Management Inc.
In the previous year, these company insiders have bought Mercantile Bank stock:
  1. Michael H Price (Director)
  2. David B Ramaker (Director)
Learn More investors buying Mercantile Bank stock.